Anil Agarwal, the billionaire founder of Vedanta Resources Plc, said he and his family decided to donate 75 percent of their wealth to charity after meeting Bill Gates.
Agarwal has a fortune of .3 billion that includes an almost 70 percent stake in London-listed mining and energy group Vedanta. Gates, the co-founder of Microsoft Corp., has a fortune valued at 4.7 billion.
>“What we earn must be returned for the greater good of society,” the 62-year-old said at an event yesterday to celebrate the 10th anniversary of Vedanta’s (VED) listing on the London Stock Exchange. “Life is not only about wealth.”
Agarwal said Gates and his wife, Melinda, discussed their philanthropic causes with him in Seattle last summer.
>“After that, I had a meeting with my family and we decided to donate 75 percent of our wealth,” the Indian billionaire said.[SOURCE](http://www.bloomberg.com/news/2014-09-26/billionaire-agarwal-to-donate-most-of-wealth-after-meeting-gates.html)